61 Griggs Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/07/2011
| |
6 Bed
|
2 Bath
|
3197 ft²
|
$1,199,000
6 Bed
2 Bath
3197 ft²
|
$1,129,020
-5.84%
09/20/2011
|
Lee Cooke Childs
Chobee Hoy Associates
|
|
01/19/1999
|
6 Bed
|
4 Bath
|
3411 ft²
|
$715,000
6 Bed
4 Bath
3411 ft²
|
$675,000
-5.59%
03/22/1999
|
Lee Cooke Childs
Compass
| |
|
01/15/1999
| |
6 Bed
|
4 Bath
|
3411 ft²
|
$715,000
6 Bed
4 Bath
3411 ft²
|
$675,000
-5.59%
03/23/1999
|
Margaret Palau
|
|
02/23/1998
| |
Loft
|
2 Bath
|
-
|
$449,000
Loft
2 Bath
|
$422,500
-5.90%
03/31/1998
|
Nicholas Burrage
Burrage Real Estate
|
Building Info
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